The global medical exoskeleton market size is expected to reach USD 6.25 Billion at a steady revenue CAGR of 45.0% in 2030, according to the latest analysis by Emergen Research. Large investments in the development of exoskeleton technology is driving revenue growth of the medical exoskeletons market. For instance, exoskeleton developer Wandercraft secured USD 45 million in Series C funding. Wandercraft is situated in Paris. The cash will be used by the business to develop and market a personal exoskeleton for use in the outdoors and at home, as well as hasten the introduction of Wandercraft's Atalante rehabilitation exoskeleton in the U.S. Atalante is a lower-body exoskeleton that can balance itself and mimics how individuals walk. In 2017, the business started the exoskeleton's clinical trials. In 2019, many drugs received Conformité Européene (CE) marking. With the use of the company's hands-free function, the exoskeleton is made to enable the wearer to move their upper body and torso without restriction. Exoskeletons are used to help physical therapy patients move more quickly and comfortably.

The report is formulated with the updated and latest information of the global Medical Exoskeleton market further validated and verified by the industry experts and professionals. The Global Medical Exoskeleton Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Medical Exoskeleton market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Cyberdyne Inc., Ekso Bionics, ReWalk Robotics, Bionik, Rex Bionics Ltd., Parker Hannifin Corp., B-Temia, Bioventus, Hocoma, and Wearable Robotics srl

Research Report on the Medical Exoskeleton Market Addresses the Following Key Questions:

  • Who are the dominant players of the Medical Exoskeleton market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Medical Exoskeleton market?
  • What are the key growth drivers and restraining factors of the Medical Exoskeleton market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Medical Exoskeleton market and its key segments?

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Emergen Research has segmented the global Medical Exoskeleton market on the basis of type, type of care, and region

Segments Covered in this report are:

  • Component Outlook (Revenue, USD Million; 2019–2030)

    • Hardware
      • Sensors
        • Gyroscopes
        • Microphones
        • Accelerometers
        • Tilt Sensors
        • Force/Torque Sensors
        • Position Sensors
        • Others
      • Actuators
        • Electrical
        • Pneumatic
        • Hydraulic
        • Piezoelectric
      • Power Sources
      • Control Systems/Controllers
      • Others
    • Software

  • Type Outlook (Revenue, USD Million; 2019–2030)

    • Powered
    • Passive

  • Extremity Outlook (Revenue, USD Million; 2019–2030)

    • Lower Extremity
    • Upper Extremity
    • Full Body

In conclusion, the Medical Exoskeleton Market report is an exhaustive database that will help readers formulate lucrative strategies. The Medical Exoskeleton Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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